Argus launches price service for palm oil biodiesel in Singapore, Malaysia and Indonesia

November 29, 2007

Argus Media, a leading source for energy price information, is launching a price service for palm oil biodiesel in Singapore, Malaysia and Indonesia. The service will provide daily FOB price information, as well as trading information including bids and offers for EN14214 (European compliant) biodiesel.

  • Malaysia, Indonesia to increase palm oil biodiesel production up to 40 percent in bid to raise palm oil prices
  • In Indonesia, the governments of Malaysia and Indonesia have agreed to increase palm oil biodiesel production to reduce palm oil stockpiles and provide a boost to crude palm oil prices, which have fal...
  • Singapore biodiesel production on Jurong Island to reach 1 million tons by 2010, will triple by 2015
  • In Singapore, the government touted its support of biodiesel production on Jurong Island. Singapore biodiesel production will reach 1 million tons in 2010, and 3 million tons by 2015. Jurong Island...
  • Malaysian government to begin revoking biodiesel permits; only 5 of 91 built; producers blame high palm oil prices
  • In Malaysia, the government said it would begin to revoke biodiesel plant permits after only five of the 91 approved plants had been built. The government believes that producers have not taken the...
  • Malaysian analyst projects that palm oil futures set to come down
  • In Malaysia, a report by TransGraph projected that palm oil futures in Malaysia could fall as much as 4.7 percent by the end of October due to increased production in India. Price points were $723 per...
  • Crude palm oil prices hit record close of $1,071 per tonne as Indonesia imposes export tax to protect domestic food prices
  • In Malaysia, crude palm oil (CPO) hit a new record closing price of $1,071 per tonne after Indonesia announced increased export taxes in a move to reduce the pressure on domestic food prices. Indonesi...
  • Palm oil price hikes expected to force delays in four Malaysian biodiesel projects
  • In Malaysia, skyrocketing palm oil prices are expected to delay the opening of four new Malaysian biodiesel facilities scheduled to open in 2007. Government officials say that unless world oil pric...

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